Fidelity 500 Index Fund (FXAIX) Alternatives
Fidelity 500 Index Fund (FXAIX) belongs to the S&P 500 category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with FXAIX. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to FXAIX
FXAIX charges 0.02% annually. Among mutual funds in the S&P 500 category, these options have the lowest expense ratios among FXAIX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| iShares S&P 500 Index Fund Class G | 0.01% | Jul 1, 2019 | FXAIX vs BSPGX | |
| Schwab S&P 500 Index Fund | 0.02% | May 19, 1997 | FXAIX vs SWPPX | |
| iShares S&P 500 Index Fund | 0.03% | Jul 30, 1993 | FXAIX vs WFSPX | |
| iShares S&P 500 Index Fund Institutional Class | 0.10% | Apr 28, 1993 | FXAIX vs BSPIX | |
| Principal Large Cap S&P 500 Index Fund Institution... | 0.11% | Mar 1, 2001 | FXAIX vs PLFIX |
Best Risk-Adjusted Alternatives to FXAIX
Among mutual funds in the S&P 500 category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| WisdomTree Equity Premium Income Fund | 68 | Feb 24, 2016 | FXAIX vs PUTW | |
| Schwab S&P 500 Index Fund | 59 | May 19, 1997 | FXAIX vs SWPPX | |
| BNY Mellon Institutional S&P 500 Stock Index Fund | 58 | Sep 30, 1993 | FXAIX vs DSPIX | |
| iShares S&P 500 Index Fund | 58 | Jul 30, 1993 | FXAIX vs WFSPX | |
| Principal LargeCap S&P 500 Index Fund Class A | 57 | Feb 2, 2001 | FXAIX vs PLSAX |
Top Performing FXAIX Alternatives (YTD)
FXAIX alternatives from the S&P 500 category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| CBOE Vest S&P 500 Dividend Aristocrats Target Inco... | 1.38% | Sep 10, 2017 | FXAIX vs KNGLX | |
| Invesco Equally-Weighted S&P 500 Fund | 0.61% | Jul 28, 1997 | FXAIX vs VADDX | |
| WisdomTree Equity Premium Income Fund | -1.66% | Feb 24, 2016 | FXAIX vs PUTW | |
| SEI Institutional Investments Trust S&P 500 Index ... | -4.36% | Dec 18, 2013 | FXAIX vs SPINX | |
| Principal Large Cap S&P 500 Index Fund Institution... | -4.36% | Mar 1, 2001 | FXAIX vs PLFIX |
Lowest Volatility Alternatives to FXAIX
FXAIX alternatives from the S&P 500 category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| CBOE Vest S&P 500 Dividend Aristocrats Target Inco... | 14.30% | Sep 10, 2017 | FXAIX vs KNGLX | |
| WisdomTree Equity Premium Income Fund | 14.33% | Feb 24, 2016 | FXAIX vs PUTW | |
| Nuveen S&P 500 Buy-Write Income Fund | 16.43% | Nov 25, 2004 | FXAIX vs BXMX | |
| Invesco Equally-Weighted S&P 500 Fund | 17.25% | Jul 28, 1997 | FXAIX vs VADDX | |
| Nuveen S&P 500 Dynamic Overwrite Fund | 17.96% | Nov 23, 2005 | FXAIX vs SPXX |
Lowest Drawdown Alternatives to FXAIX
FXAIX alternatives from the S&P 500 category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| WisdomTree Equity Premium Income Fund | -9.90% | Feb 24, 2016 | FXAIX vs PUTW | |
| CBOE Vest S&P 500 Dividend Aristocrats Target Inco... | -10.91% | Sep 10, 2017 | FXAIX vs KNGLX | |
| Nuveen S&P 500 Buy-Write Income Fund | -11.42% | Nov 25, 2004 | FXAIX vs BXMX | |
| Schwab S&P 500 Index Fund | -12.10% | May 19, 1997 | FXAIX vs SWPPX | |
| iShares S&P 500 Index Fund | -12.11% | Jul 30, 1993 | FXAIX vs WFSPX |
Other Mutual Funds from Fidelity
Most popular Fidelity mutual funds on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 60 | -3.98% | — | FXAIX vs FZROX | |
| Fidelity Large Cap Growth Index Fund | Large Cap Growth Equities | 41 | -9.77% | — | FXAIX vs FSPGX | |
| Fidelity Select Semiconductors Portfolio | Technology Equities | 96 | 7.19% | Jul 29, 1985 | FXAIX vs FSELX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 59 | -3.98% | — | FXAIX vs FSKAX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 71 | -7.12% | Dec 31, 1987 | FXAIX vs FBGRX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 59 | -4.59% | — | FXAIX vs FNILX | |
| Fidelity Contrafund Fund | Large Cap Growth Equities | 62 | -5.35% | May 17, 1967 | FXAIX vs FCNTX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 76 | 0.95% | Nov 5, 1997 | FXAIX vs FSPSX | |
| Fidelity Total International Index Fund | Foreign Large Cap Equities | 86 | 1.79% | Jun 7, 2016 | FXAIX vs FTIHX | |
| Fidelity ZERO International Index Fund | Large Cap Blend Equities, Foreign Large Cap Equities | 87 | 2.17% | — | FXAIX vs FZILX |
Often Compared With FXAIX
What investors most often compare with FXAIX, based on PortfoliosLab usage data.
Compare FXAIX with Any Fund or Stock
Compare FXAIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.